TRI POINTE HOMES INC (TPH) Stock Fundamental Analysis
USA - NYSE:TPH - US87265H1095 - Common Stock
35.08 USD
-0.19 (-0.54%)
35.08 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to TPH. TPH was compared to 63 industry peers in the Household Durables industry. TPH is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. TPH has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
TPH had positive earnings in the past year.
In the past year TPH had a positive cash flow from operations.
In the past 5 years TPH has always been profitable.
In the past 5 years TPH always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 7.62%, TPH is doing good in the industry, outperforming 61.90% of the companies in the same industry.
TPH has a Return On Equity of 11.12%. This is comparable to the rest of the industry: TPH outperforms 55.56% of its industry peers.
TPH has a Return On Invested Capital (8.04%) which is comparable to the rest of the industry.
TPH had an Average Return On Invested Capital over the past 3 years of 10.20%. This is in line with the industry average of 10.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.62% | ||
| ROE | 11.12% | ||
| ROIC | 8.04% |
ROA(3y)9.52%
ROA(5y)9.28%
ROE(3y)15.16%
ROE(5y)15.46%
ROIC(3y)10.2%
ROIC(5y)10.07%
1.3 Margins
TPH has a Profit Margin of 9.05%. This is in the better half of the industry: TPH outperforms 74.60% of its industry peers.
TPH's Profit Margin has improved in the last couple of years.
TPH has a Operating Margin of 11.53%. This is in the better half of the industry: TPH outperforms 71.43% of its industry peers.
TPH's Operating Margin has improved in the last couple of years.
The Gross Margin of TPH (22.86%) is worse than 69.84% of its industry peers.
TPH's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.53% | ||
| PM (TTM) | 9.05% | ||
| GM | 22.86% |
OM growth 3Y-5.72%
OM growth 5Y7.18%
PM growth 3Y-4.72%
PM growth 5Y8.69%
GM growth 3Y-2.33%
GM growth 5Y2.47%
2. Health
2.1 Basic Checks
TPH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, TPH has less shares outstanding
The number of shares outstanding for TPH has been reduced compared to 5 years ago.
Compared to 1 year ago, TPH has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.25 indicates that TPH is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.25, TPH is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
The Debt to FCF ratio of TPH is 2.56, which is a good value as it means it would take TPH, 2.56 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.56, TPH is in the better half of the industry, outperforming 74.60% of the companies in the same industry.
TPH has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.31, TPH perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.56 | ||
| Altman-Z | 4.25 |
ROIC/WACC0.95
WACC8.5%
2.3 Liquidity
TPH has a Current Ratio of 8.53. This indicates that TPH is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 8.53, TPH belongs to the top of the industry, outperforming 87.30% of the companies in the same industry.
A Quick Ratio of 1.66 indicates that TPH should not have too much problems paying its short term obligations.
TPH's Quick ratio of 1.66 is fine compared to the rest of the industry. TPH outperforms 79.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.53 | ||
| Quick Ratio | 1.66 |
3. Growth
3.1 Past
TPH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.68%.
Measured over the past years, TPH shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.86% on average per year.
TPH shows a decrease in Revenue. In the last year, the revenue decreased by -3.59%.
Measured over the past years, TPH shows a small growth in Revenue. The Revenue has been growing by 7.82% on average per year.
EPS 1Y (TTM)-10.68%
EPS 3Y5.7%
EPS 5Y26.86%
EPS Q2Q%-45.6%
Revenue 1Y (TTM)-3.59%
Revenue growth 3Y4.1%
Revenue growth 5Y7.82%
Sales Q2Q%-23.46%
3.2 Future
TPH is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -11.28% yearly.
TPH is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -7.41% yearly.
EPS Next Y-44.08%
EPS Next 2Y-22.48%
EPS Next 3Y-11.28%
EPS Next 5YN/A
Revenue Next Year-24.23%
Revenue Next 2Y-12.38%
Revenue Next 3Y-7.41%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.93, which indicates a very decent valuation of TPH.
Based on the Price/Earnings ratio, TPH is valued a bit cheaper than the industry average as 74.60% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.27. TPH is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 12.09, which indicates a correct valuation of TPH.
Based on the Price/Forward Earnings ratio, TPH is valued a bit cheaper than the industry average as 65.08% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.77, TPH is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.93 | ||
| Fwd PE | 12.09 |
4.2 Price Multiples
TPH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TPH is cheaper than 76.19% of the companies in the same industry.
87.30% of the companies in the same industry are more expensive than TPH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.8 | ||
| EV/EBITDA | 6.95 |
4.3 Compensation for Growth
The decent profitability rating of TPH may justify a higher PE ratio.
TPH's earnings are expected to decrease with -11.28% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.33
EPS Next 2Y-22.48%
EPS Next 3Y-11.28%
5. Dividend
5.1 Amount
No dividends for TPH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.08
-0.19 (-0.54%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners104.11%
Inst Owner Change0.02%
Ins Owners2.63%
Ins Owner Change-3.42%
Market Cap3.07B
Analysts80
Price Target39.78 (13.4%)
Short Float %3.8%
Short Ratio3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)20.29%
Min EPS beat(2)-0.99%
Max EPS beat(2)41.57%
EPS beat(4)3
Avg EPS beat(4)13.92%
Min EPS beat(4)-0.99%
Max EPS beat(4)41.57%
EPS beat(8)7
Avg EPS beat(8)18.65%
EPS beat(12)11
Avg EPS beat(12)22.43%
EPS beat(16)15
Avg EPS beat(16)21.66%
Revenue beat(2)2
Avg Revenue beat(2)4.17%
Min Revenue beat(2)0.1%
Max Revenue beat(2)8.24%
Revenue beat(4)3
Avg Revenue beat(4)3.34%
Min Revenue beat(4)-0.53%
Max Revenue beat(4)8.24%
Revenue beat(8)7
Avg Revenue beat(8)4.65%
Revenue beat(12)11
Avg Revenue beat(12)9.17%
Revenue beat(16)15
Avg Revenue beat(16)8.12%
PT rev (1m)0%
PT rev (3m)-0.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-31.58%
EPS NY rev (1m)-11.62%
EPS NY rev (3m)-11.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-18.95%
Revenue NY rev (1m)-1.2%
Revenue NY rev (3m)-3.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.93 | ||
| Fwd PE | 12.09 | ||
| P/S | 0.76 | ||
| P/FCF | 7.8 | ||
| P/OCF | 7.26 | ||
| P/B | 0.93 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 6.95 |
EPS(TTM)3.93
EY11.2%
EPS(NY)2.9
Fwd EY8.27%
FCF(TTM)4.5
FCFY12.82%
OCF(TTM)4.83
OCFY13.77%
SpS46.19
BVpS37.6
TBVpS35.81
PEG (NY)N/A
PEG (5Y)0.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.62% | ||
| ROE | 11.12% | ||
| ROCE | 10.79% | ||
| ROIC | 8.04% | ||
| ROICexc | 9.39% | ||
| ROICexgc | 10.08% | ||
| OM | 11.53% | ||
| PM (TTM) | 9.05% | ||
| GM | 22.86% | ||
| FCFM | 9.74% |
ROA(3y)9.52%
ROA(5y)9.28%
ROE(3y)15.16%
ROE(5y)15.46%
ROIC(3y)10.2%
ROIC(5y)10.07%
ROICexc(3y)12.93%
ROICexc(5y)12.56%
ROICexgc(3y)13.88%
ROICexgc(5y)13.51%
ROCE(3y)13.7%
ROCE(5y)13.52%
ROICexcg growth 3Y-4.63%
ROICexcg growth 5Y13.56%
ROICexc growth 3Y-4.66%
ROICexc growth 5Y13.81%
OM growth 3Y-5.72%
OM growth 5Y7.18%
PM growth 3Y-4.72%
PM growth 5Y8.69%
GM growth 3Y-2.33%
GM growth 5Y2.47%
F-Score5
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.56 | ||
| Debt/EBITDA | 2.03 | ||
| Cap/Depr | 93.59% | ||
| Cap/Sales | 0.72% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.06% | ||
| Profit Quality | 107.64% | ||
| Current Ratio | 8.53 | ||
| Quick Ratio | 1.66 | ||
| Altman-Z | 4.25 |
F-Score5
WACC8.5%
ROIC/WACC0.95
Cap/Depr(3y)108.44%
Cap/Depr(5y)98.73%
Cap/Sales(3y)0.73%
Cap/Sales(5y)0.73%
Profit Quality(3y)88.62%
Profit Quality(5y)109.85%
High Growth Momentum
Growth
EPS 1Y (TTM)-10.68%
EPS 3Y5.7%
EPS 5Y26.86%
EPS Q2Q%-45.6%
EPS Next Y-44.08%
EPS Next 2Y-22.48%
EPS Next 3Y-11.28%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.59%
Revenue growth 3Y4.1%
Revenue growth 5Y7.82%
Sales Q2Q%-23.46%
Revenue Next Year-24.23%
Revenue Next 2Y-12.38%
Revenue Next 3Y-7.41%
Revenue Next 5YN/A
EBIT growth 1Y-11.22%
EBIT growth 3Y-1.86%
EBIT growth 5Y15.56%
EBIT Next Year-25.45%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-49.68%
FCF growth 3Y19.93%
FCF growth 5Y18.68%
OCF growth 1Y-47.8%
OCF growth 3Y18.39%
OCF growth 5Y17.11%